Updated: Nov 10, 2020
You might already know that you’re ready for a new home... but something inside of you is keeping you from pulling the trigger and making that a reality. After all, there's so much history packed inside of those walls...
You can afford to buy a home that fits your lifestyle better.
A factor to consider is how well your home meets your everyday needs. Perhaps you could use another bedroom (or even two) for your growing family. Or maybe your kids have all moved out and downsizing is an option.
You've got equity on your side.
For most homeowners, being financially ready to sell your house comes down to one factor: equity. During the housing meltdown of 2008, millions of homeowners found themselves with negative equity, which meant they owed more on their homes than they were worth. For the last several years, home values have been on the rise and that means most homeowners are building equity!
You’re emotionally ready.
The process of moving, packing, and selling is an emotional ride but sometimes you come to a place where you know that you are ready to let go. Moving on from a childhood home, the property you raised your children in, or the place where you've made thousands of memories is never easy - but if you feel like you are in the state of moving on - there is no better time.
You don't want to be stuck with the maintenance anymore.
Did you know that the average homeowner shells out $2000+ a year for maintenance services? Yup! Repairs, landscaping, housecleaning, snow removal, etc. If you are sick of hitting your bank account with more and more withdrawals, you can get a lower maintenance property such as a condo or a new-build property!
Your neighbors just made a lot of $$$ from their home.
Check the online real estate listings in your neighborhood. If other houses on your street that are comparable to yours are selling at a price that you'd be more than satisfied with, then it may be time to move on!